solid investments Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
solid investments Account Types Explained
When considering solid investments, it's essential to understand the various account types available. Each account type caters to different trading needs and preferences. Below is a detailed overview of the available account types:
1. Standard Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Variable spreads starting from 1.0 pips
- Leverage Options: Up to 1:500
- Key Features:
- Access to all trading instruments
- User-friendly trading platform
- Target User Profile: Beginners and intermediate traders
- Trading Instruments Available: Forex, commodities, indices
2. ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Raw spreads starting from 0.0 pips + $3 commission per lot
- Leverage Options: Up to 1:200
- Key Features:
- Direct market access
- Faster execution speeds
- Target User Profile: Advanced traders
- Trading Instruments Available: Forex, commodities, cryptocurrencies
3. Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Fixed spreads starting from 0.5 pips
- Leverage Options: Up to 1:400
- Key Features:
- Professional trading tools
- Dedicated account manager
- Target User Profile: Professional and institutional traders
- Trading Instruments Available: Forex, commodities, indices, stocks
4. Islamic Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Similar to Standard Account
- Leverage Options: Up to 1:500
- Key Features:
- Swap-free trading
- Compliant with Sharia law
- Target User Profile: Muslim traders
- Trading Instruments Available: Forex, commodities, indices
5. Demo Account
- Minimum Deposit Requirement: N/A (virtual funds)
- Spread/Commission Structure: Similar to Standard Account
- Leverage Options: Up to 1:500
- Key Features:
- Risk-free trading environment
- Access to all trading instruments
- Target User Profile: Beginners and those testing strategies
- Trading Instruments Available: Forex, commodities, indices
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account, Demo Account
- Intermediate: Standard Account, Islamic Account
- Advanced: ECN Account
- Professional: Pro Account
Detailed solid investments Account Features
Feature Comparison Across Different Account Types
-
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: Up to 1:500
ECN: Up to 1:200
Pro: Up to 1:400
Islamic: Up to 1:500
Demo: Up to 1:500
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.0 pips
Pro: From 0.5 pips
Islamic: Similar to Standard
Demo: Similar to Standard
Commission Fees:
Standard: N/A
ECN: $3/lot
Pro: N/A
Islamic: N/A
Demo: N/A
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Standard
Islamic: Micro, Mini, Standard
Demo: Micro, Mini, Standard
Available Trading Platforms:
Standard: MT4, MT5
ECN: MT4, MT5
Pro: MT4, MT5
Islamic: MT4, MT5
Demo: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: Instant
Islamic: Market
Demo: Market
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Demo: N/A
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Demo: N/A
Demo Account Features:
Virtual balance amount: $100,000
Duration/expiry: 30 days
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit
User-friendly interface
Access to a wide range of instruments
ECN Account:
Direct market access
Tight spreads
Ideal for scalpers
Pro Account:
Professional trading tools
Dedicated support
Higher leverage options
Islamic Account:
Compliant with Sharia law
No swap fees
Flexible trading options
Demo Account:
Risk-free environment
Practice trading strategies
Access to all features
Disadvantages of Each Account Type
-
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees apply
Pro Account:
Higher minimum deposit
May require more trading experience
Islamic Account:
Limited to Muslim traders
May have fewer features than standard accounts
Demo Account:
Virtual funds do not reflect real trading conditions
Limited duration
solid investments Account Registration Requirements
Eligibility Criteria
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available to residents of most countries; specific restrictions may apply.
- Prohibited Countries: Countries under international sanctions or restrictions.
- Identity Verification Documents Needed:
- Government-issued ID (passport, driver's license)
- Proof of address (utility bill, bank statement)
- Proof of Residence Requirements: Recent documents showing your name and address.
- Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.
KYC/AML Compliance Procedures
- All clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to ensure compliance with regulations.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
solid investments Account Opening Process
Step-by-Step solid investments Account Opening Guide
- Visit Website and Click Registration: Navigate to the solid investments website and select the registration option.
- Personal Information Entry: Fill in your personal details, including name, email, and phone number.
- Choose Account Type: Select the account type that best suits your trading needs.
- Set Trading Preferences: Specify your trading preferences and risk tolerance.
- Document Upload: Upload the required identification and proof of residence documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit the minimum required amount to activate your account.
- Start Trading: Once your account is funded, you can begin trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile platforms, although mobile may have a more streamlined interface.
Common Registration Issues and Solutions
- Issue: Document upload failure.
- Solution: Ensure documents are clear and in the correct format (JPEG, PNG, PDF).
- Issue: Verification delays.
- Solution: Contact customer support for assistance.
Average Account Approval Time
- Typically, account approval takes 1-3 business days.
How to Upgrade/Downgrade Account Types
- Users can request an upgrade or downgrade through the account management section on the website or by contacting customer support.
solid investments Demo Account Guide
Demo Account Features and Benefits
- Features: Access to all trading instruments, risk-free environment, and practice trading strategies.
- Benefits: Helps beginners learn trading without financial risk and allows experienced traders to test strategies.
How to Open a Demo Account
- Visit the solid investments website and select the demo account option. Follow the registration process similar to a live account.
Demo Account Limitations
- Limited duration (typically 30 days) and virtual funds do not reflect real market conditions.
Virtual Balance Amount
- The demo account usually comes with a virtual balance of $100,000.
Demo vs Live Account Differences
- Demo accounts use virtual funds, while live accounts involve real money and market conditions.
Duration/Expiry of Demo Accounts
- Demo accounts typically expire after 30 days unless extended by the broker.
solid investments Islamic Account Details
Swap-Free/Islamic Account Availability
- solid investments offers Islamic accounts that comply with Sharia law.
Eligibility Requirements
- Must be a Muslim trader seeking a swap-free trading option.
Differences from Standard Accounts
- Islamic accounts do not incur swap fees and may have different trading conditions.
How to Apply for Islamic Account
- Select the Islamic account option during the registration process and provide necessary documentation.
Restrictions or Special Conditions
- Islamic accounts may have specific trading conditions and limitations compared to standard accounts.
FAQs – solid investments Account Types & Opening
- What account types does solid investments offer?
- solid investments offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.
- How long does solid investments account verification take?
- Verification typically takes 1-3 business days.
- Does solid investments offer demo accounts?
- Yes, solid investments offers demo accounts for practice trading.
- Can I have multiple account types with solid investments?
- Yes, clients can open multiple account types.
- Does solid investments offer Islamic/swap-free accounts?
- Yes, solid investments offers Islamic accounts that comply with Sharia law.
- What documents do I need to open a solid investments account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, you can request to upgrade or downgrade your account type through customer support.
Solid Investments accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $1,000.00 by (2+) --.